Dec 04
Blog Post: Fisker Judge Won't Ax Suit Over Ch. 11 Spinoff Stock Sale
by Anonymous
A Delaware bankruptcy judge declined Monday to throw out claims from Fisker Automotive’s liquidating trustee challenging a stake-diluting equity sale from the company spun off after the electric carmaker’s Chapter 11 sale, ruling that the trustee raised plausible concerns there might have been a breach of fiduciary duty.
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